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Note 2 - Oil and Gas Leases - Oil and Gas Leasing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Gross revenues    
Royalty interests $ 588,121 $ 488,947
Lease fees 21,001 21,909
Gross Revenue 609,122 510,856
Production costs 62,315 47,212
Results before income tax expense 546,807 463,644
Estimated income tax expense 169,510 97,365
Results of operations from producing activities excluding corporate overhead $ 377,297 $ 366,279